Syndicate Bank Subramanya Dakshina Kannada Karnataka MICR CODE

Find MICR Codes for Syndicate Bank Subramanya Dakshina Kannada Karnataka

MICR Code
Bank Syndicate Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Subramanya
Contact
Bank Details Syndicate Bank Subramanya SYNB0000257
Location Subramanya, Dakshina Kannada
City Subramanya
District Dakshina Kannada
State Karnataka
Pincode 574238
Country IN
Address Main road near temple subramanya dakshina kannada dist 574238
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 574025993 for Subramanya branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 574025993 of Syndicate Bank, Subramanya branch makes the system almost error free and faster. Use of Syndicate Bank MICR codes for Subramanya branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Syndicate Bank are available with micr code -

>>Subramanya

MICR code for Syndicate Bank Subramanya

Syndicate Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Syndicate Bank MICR code for Subramanya is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 574025993 is the MICR code of Syndicate Bank for Subramanya branch. MICR code for Subramanya branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Syndicate Bank Subramanya is presented in the table alongside.

Use of Syndicate Bank MICR code for Subramanya branch in subramanya

The MICR code 574025993 is used in RBI cheque clearing process to identify the branch Subramanya and Syndicate Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Syndicate Bank is typically in either of these two font’s: E-138 and CMC-7.

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